DDC Budgam chairs 70th bankers DLRC, DCC meet

The District Development Commissioner, Budgam Tariq Hussain Ganai, who is also Chairman of DLRC Budgam today, presided over 70th District Level Review Committee (DLRC) and District Consultative Committee (DCC) meeting, here today.

Among others, the meeting was also attended by  Zonal Head J&K Bank, Syed Shujat HussainAndrabi, CPO, Rafiq Ahmad, GM DIC, Mohammad Ashraf, Convener of the meetingLead District Manager Miyan Farhat Manzoor, Director RSETI, Budgam Tahira Parveen, DDM Nabard Junaid Hakeem, DIOTajamul Yousuf, officers of line departments, bank heads operating in thedistrict.

   

The Lead District Manager Budgam, Miyan Farhat Manzoorpresented the performance of all banks and line departments of the district forending December of 2019-20.  He said thatbanks up to the ending quarter December-2019 have disbursed an amount of Rs.929.13 crores out of which Rs. 546.49 crores and Rs.382.64 crores have beendisbursed under priority and non-priority sectors respectively.

He said the district has recorded a CD ratio of 92.36percent for quarter ending December 2019, terming it as best ratio across theJammu and Kashmir, with lowest NPA percentage rate.

The meeting was informed that under the annual DistrictCredit Plan, 37116 cases against the target of 74680 have been sanctioned undervarious sectors thus achieving 69.93 percent target up to ending Decmeber-2019.

The DCC while observing the performance and progressemphasized on priority sector lending particularly under key sectors ofagriculture, horticulture, handicrafts, handloom and stressed onunderperforming banks to do more in lending.

The chair was informed that DIC has sponsored 276 and KVIChas sponsored 626 PMEGP cases. GM DIC was instructed to conduct awarenessprogrammes on government sponsored schemes and attract aspiring entrepreneursto avail benefits of schemes from other banks too other than J&K bank.

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